LVHD vs. BRK-B

Last updated Jun 13, 2026

LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) is Dividend fund tracking the Franklin U.S. Low Volatility High Dividend Index, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, LVHD returned 8.41%/yr vs 13.22%/yr for BRK-B. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

LVHD vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LVHD achieves a 10.95% return, which is significantly higher than BRK-B's -2.67% return. Over the past 10 years, LVHD has underperformed BRK-B with an annualized return of 8.41%, while BRK-B has yielded a comparatively higher 13.22% annualized return.

LVHD

• 1D: 0.64%
• 1M: 3.86%
• YTD: 10.95%
• 6M: 10.48%
• 1Y: 13.29%
• 3Y*: 10.12%
• 5Y*: 6.90%
• 10Y*: 8.41%

BRK-B

• 1D: 0.71%
• 1M: 0.77%
• YTD: -2.67%
• 6M: -2.06%
• 1Y: -0.22%
• 3Y*: 13.30%
• 5Y*: 11.27%
• 10Y*: 13.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LVHD vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	10.95%	7.50%	10.18%	-0.95%	-1.82%	26.90%	-1.28%	22.91%	-5.58%	14.25%
BRK-B Berkshire Hathaway Inc.	-2.67%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between LVHD and BRK-B is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since Dec 29, 2015	0.61

The correlation between LVHD and BRK-B shifts across timeframes, from 0.45 (1 year) to 0.62 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

LVHD vs. BRK-B — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LVHD

LVHD Risk / Return Rank: 43
LVHD Sharpe Ratio Rank: 44
LVHD Sortino Ratio Rank: 45
LVHD Omega Ratio Rank: 40
LVHD Calmar Ratio Rank: 49
LVHD Martin Ratio Rank: 39

BRK-B

BRK-B Risk / Return Rank: 39
BRK-B Sharpe Ratio Rank: 42
BRK-B Sortino Ratio Rank: 34
BRK-B Omega Ratio Rank: 33
BRK-B Calmar Ratio Rank: 42
BRK-B Martin Ratio Rank: 42

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LVHD vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) and Berkshire Hathaway Inc. (BRK-B). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LVHD	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	1.37	-0.02	+1.38
Sortino ratio: Return per unit of downside risk	2.03	0.08	+1.95
Omega ratio: Gain probability vs. loss probability	1.23	1.01	+0.23
Calmar ratio: Return relative to maximum drawdown	2.16	-0.02	+2.19
Martin ratio: Return relative to average drawdown	5.43	-0.05	+5.48

LVHD vs. BRK-B - Sharpe Ratio Comparison

The current LVHD Sharpe Ratio is 1.37, which is higher than the BRK-B Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of LVHD and BRK-B, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LVHD vs. BRK-B - Drawdown Comparison

The maximum LVHD drawdown since its inception was -37.32%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for LVHD and BRK-B.

Drawdown Indicators

	LVHD	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-37.32%	-53.86%	+16.54%
Max Drawdown (1Y) Largest decline over 1 year	-6.17%	-9.42%	+3.25%
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	-14.95%	+0.66%
Max Drawdown (5Y) Largest decline over 5 years	-16.75%	-26.58%	+9.83%
Max Drawdown (10Y) Largest decline over 10 years	-37.32%	-29.57%	-7.75%
Current Drawdown Current decline from peak	-1.07%	-9.36%	+8.29%
Average Drawdown Average peak-to-trough decline	-4.04%	-11.07%	+7.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	4.53%	-2.07%

Volatility

LVHD vs. BRK-B - Volatility Comparison

The current volatility for Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is 3.54%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.95%. This indicates that LVHD experiences smaller price fluctuations and is considered to be less risky than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LVHD	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	3.95%	-0.41%
Volatility (6M) Calculated over the trailing 6-month period	6.96%	10.78%	-3.82%
Volatility (1Y) Calculated over the trailing 1-year period	9.77%	14.38%	-4.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.91%	17.12%	-4.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.52%	19.44%	-3.92%

Dividends

LVHD vs. BRK-B - Dividend Comparison

LVHD's dividend yield for the trailing twelve months is around 3.27%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	3.27%	3.35%	4.23%	3.55%	3.30%	2.56%	3.27%	3.30%	3.82%	3.33%	2.48%

Frequently Asked Questions

Can I hold both LVHD and BRK-B in my portfolio?

LVHD and BRK-B have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LVHD or BRK-B?

BRK-B has higher volatility (3.95%) compared to LVHD (3.54%). In terms of maximum drawdown, LVHD dropped -37.32% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

LVHD currently has the higher Sharpe Ratio (1.37 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.